The crew from the Panama-flagged cargo ship ISA Star arrived in Djibouti on Friday, December 6 after having left their vessel at the northern reaches of the Bab al-Mandab Strait off Yemen. While the crew is reported to be in good condition, warnings have been issued that their vessel continues to drift and is a […]
[By ARC] American Roll-On Roll-Off Carrier Group Inc. (ARC) is pleased to announce that M/V ARC Endeavor entered the Maritime Security Program (MSP) fleet on December 1, further strengthening ARC’s best-in-class position for U.S.-flag Roll-on Roll-off (Ro-Ro) shipping services. M/V ARC Endeavor replaces ARC’s M/V Endurance in the MSP fleet. MSP is the bedrock Congressional maritime readiness program that since 1996 […]
The Dutch Coast Guard reports that shipping is being interrupted in the North Sea by a fierce storm, the fourth storm of the season to have been given a name. They have assisted several vessels including stopping a small cargo ship that was drifting toward the shore near Rotterdam after losing its rudder. The […]
Efforts are continuing to develop higher levels of ship automation toward the goal of a large commercial vessel that will be able to operate fully independently making decisions on its navigation. South Korean shipbuilder HD Hyundai held a ceremony on November 27 to mark the next achievement which was also certified by receipt of […]
R&D teams are building on their use of biomimetics, the study of mimicking biological processes, adding in nanotechnology to develop new more efficient hull coatings. These developments are becoming increasingly important as the shipping industry faces the continuing challenge of improving operating efficiency from in-service vessels to meet emerging regulations and standards. “By replicating […]
The DFDS Ro-Ro cargo ship Finlandia Seaways (8,700 dwt) grounded last night, December 5, departing Norway. It quickly became apparent it was no ordinary casualty as the Norwegian military established a security zone and confirmed the vessel was loaded with military equipment being sent to Poland for the protection of NATO allies. Norway’s Defense Force […]
Worldwide air cargo rates rose to a 2024 high in November of US$2.76 per kilo, despite a slight (-2 percent) drop in flown tonnages compared with October, although demand and pricing both remain significantly above their already elevated levels last November, according to the latest figures and analysis by WorldACD Market data. The figures reflect […]
With inflation easing and service trade booming, the total volume of world trade is likely to hit a new record of $33 trillion in 2024, according to UN Trade and Development (UNCTAD). The forecast represents an increase of $1 trillion over UNCTAD’s last update, driven upwards by steady growth. Total global trade in goods slowed […]
On Thursday, Dutch media reported that a container ship collided with an inland vessel on the river Scheur near Rotterdam, spilling at least four containers into the water. One of the vessels appears to be an autonomous barge, one of the first vessels of its kind in the world – though it is not known whether […]
Two of the most popular destinations for cruise ships both moved forward with their proposed tax increases on passengers due to be enforced starting in 2025. Cruise industry associations complained of a lack of consultation by the respective governments and called for efforts to work together to address concerns while protecting the tourism industry. Greece’s […]
Dockworkers in India are continuing to express this dissatisfaction at the slow pace of progress and promise to implement wage and service reforms. Workers on Thursday, December 5, staged nationwide protests demanding action as a December 15 deadline established by the national union collation looms. Under the banner of the National Coordination Committee (NCC) of […]
The Danish Energy Agency is reporting that it received no bids in its new tender which was for three offshore sites in the North Sea. It is the latest tender that failed to generate interest in an industry that continues to be challenged by changing finances, as well as supply and installation challenges. “This […]
